SYDNEY, May 5 Reuters The Australian and New Zealand dollars regained some altitude on Wednesday as surprising strength in local economic data suggested the United States was not the only country where upward pressure on interest rates was mounting. The Aussie edged up to 0.7734, after touching a threeweek low of 0.7675 overnight when the […]

HANOI, May 5 Reuters Copper prices rose past a key psychological level of 10,000 a tonne on Wednesday, buoyed by optimism about global economic recovery, but trading volume was tepid due to China market holidays. Threemonth copper on the London Metal Exchange rose as much as 0.6 to 10,030, its highest level since February 2011 […]

European stocks bounced back on Wednesday after a sharp selloff in the previous session, as surging commodity prices lifted mining stocks, while the earnings season kept its positive momentum, brightening the mood in the markets. The panEuropean STOXX 600 index rose 0.8 in early trading, with the German DAX jumping 0.9 and UKs FTSE 100 […]

The dollar hit its highest in over two weeks on Wednesday, extending a rally as chatter about the possibility of higher U.S. interest rates and a selloff in tech stocks soured risk sentiment to the benefit of the safehaven currency. The dollars bounce on Tuesday put pressure on the euro, which dropped once again below […]

Industry faces pressure to pare back lending to oil companies. The sector is ‘critical’ to achieving net-zero carbon future.